Transportation
Chinese EVs Recover in Europe to Pre-Tariff Market Share Level
Chinese automakers surpassed a 10% share of Europe’s electric-vehicle market in June, marking a full comeback from tariffs set in place last year by the European Union.
Manufacturers led by BYD Co. captured 10.6% of all EV registrations in the region, based on figures from industry researcher Dataforce. That was the highest since the record 11.1% in June of last year, when carmakers rushed Chinese-built EVs into the bloc to beat EU duties imposed to counter state aid.